Sinclair Broadcast Group released its first quarter 2023 earnings results prior to Wednesday’s Opening Bell on Wall Street, and as President/CEO Chris Ripley sees it, “Sinclair is seeing a solid start to 2023, meeting or beating guidance on all key financial metrics.”
Nonetheless, he said in prepared comments that Sinclair remains “cautious for the full year on expectations for a weaker economy.”
That said, the first 10 minutes of the company’s Q1 2023 earnings call were focused on ways to grow revenue that go beyond advertising, and broadcasting, as “Sinclair Inc.” is taking shape.
